At a Glance
- Tasks: Lead financial control and P&L reporting for Structured Derivatives in a dynamic environment.
- Company: Join a leading global financial services organisation with a strong reputation.
- Benefits: Competitive salary, bonus, and comprehensive benefits package.
- Other info: Opportunity for career progression in a fast-paced, evolving business.
- Why this job: Make a significant impact on finance transformation initiatives and collaborate with senior leaders.
- Qualifications: Qualified accountant with extensive Product Control experience and strong analytical skills.
The predicted salary is between 67500 - 82500 £ per year.
Location: London
Salary: £130,000 - £150,000 base + bonus + benefits
Employment Type: Permanent, Full-Time
The Opportunity
We are working with a leading global financial services organisation to recruit a Director within its Product Control function, supporting a growing and highly sophisticated Structured Products and Derivatives business. This is a senior, high-profile opportunity offering significant exposure to Front Office, Risk, Valuations and Finance leadership, with responsibility for ensuring robust financial control, accurate P&L reporting and the delivery of key Finance transformation initiatives.
The successful candidate will bring strong technical expertise across Structured Derivatives, ideally Structured Equities, alongside the commercial awareness and stakeholder management skills required to operate effectively at Director level.
Key Responsibilities
- Own daily P&L production, reconciliation and control processes across Structured Derivatives and Solutions products, ensuring accurate reporting of P&L and Greeks.
- Partner closely with Front Office, Risk and Valuations teams to review and validate valuation adjustments, including CVA, DVA, FVA and Bid/Offer.
- Analyse desk profitability, cost allocations and overall business performance, providing meaningful commercial insight to senior management.
- Oversee month-end accounting adjustments relating to OTC derivatives and Structured Notes, ensuring accurate financial reporting.
- Deliver robust balance sheet substantiation, reconciliations and legal entity P&L commentary.
- Identify, investigate and resolve trade, valuation and portfolio discrepancies.
- Drive Finance transformation initiatives, improving processes, controls, automation and operational efficiency.
- Support the development and enhancement of trade flows between Front Office platforms and the General Ledger.
- Work collaboratively with senior stakeholders across Finance, Trading, Operations, Technology and Risk.
- Ensure compliance with internal controls, operational risk frameworks and relevant regulatory requirements.
Skills & Experience Required
- Qualified accountant (ACA, ACCA, CIMA or equivalent).
- Significant Product Control experience within an investment bank, broker-dealer or comparable financial markets environment.
- Strong knowledge of Structured Derivatives is essential, ideally including Structured Equities and Structured Notes.
- In-depth understanding of derivatives P&L, Greeks, valuations, reconciliations and balance sheet controls.
- Familiarity with valuation adjustments, including CVA, DVA, FVA and Bid/Offer.
- Proven ability to engage confidently with senior Front Office, Risk and Finance stakeholders.
- Excellent analytical, investigative and problem-solving skills.
- Experience identifying and delivering process improvements, systems enhancements or Finance transformation initiatives.
- Strong Excel skills and familiarity with Front Office and Back Office trading systems.
- Experience with Sophis, Python, SQL or Alteryx would be advantageous but is not essential.
The Ideal Candidate
You will be an established senior Product Control professional, or a high-performing VP ready to progress into a Director-level position. You will combine deep technical knowledge of complex derivatives products with a strong understanding of financial controls, commercial performance and the wider trading environment. You will be comfortable challenging senior stakeholders, taking ownership of complex issues and driving improvements in a fast-paced, evolving business.
What's on Offer?
- Competitive base salary of £130,000-£150,000, plus bonus and benefits.
- Director-level responsibility within an established global financial services organisation.
- Significant exposure to senior Finance and Front Office leadership.
- Opportunity to influence the development of Product Control processes and Finance infrastructure.
- A challenging and commercially focused position supporting a sophisticated Structured Products business.
Inventum Group is acting as an Employment Agency in relation to this vacancy.
Director - Structured Derivatives Product Control in City of London employer: Inventum Group (Formally Wells Tobias)
Inventum Group is an exceptional employer that prioritises employee growth and inclusivity, making it a fantastic place for HR Consultants to thrive. With a predominantly remote work culture based in the vibrant city of Bristol, employees benefit from flexible working arrangements, opportunities for professional development, and a commitment to driving equality, diversity, and inclusion initiatives. Join us to make a meaningful impact within a supportive team dedicated to fostering positive organisational change.
Contact Details:
Inventum Group (Formally Wells Tobias) Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Director - Structured Derivatives Product Control in City of London
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We think you need these skills to ace Director - Structured Derivatives Product Control in City of London
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